Plan Ledger DOL Form 5500 · updated monthly

Meyers Nave, a Professional Corporation401(k)

MEYERS NAVE 401(K)/PROFIT SHARING PLAN 001 · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

Meyers Nave, a Professional Corporation reported $53,184 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.24% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,175th-largest of 9,483 plans among California employers on file, and the 4,859th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$24,246,885
Participants with balances105
Active participants75
Employer contributions—
Employee contributions$870,552
Employer contribution per active participant—
Average account balance$230,923
Benefits paid to participants$3,786,936
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.2M · 105 accts
2023$24.2M · 108 accts · $434K emplr
2022$20.8M · 122 accts · $600K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,651
Investment management$33,966
Trustee / custodial$7,567
Total administrative$53,184
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$11,651
BURTON ENRIGHT WELCH · Investment advisory (participants) · Investment advisory (plan)$33,966
NEWPORT TRUST COMPANY · Trustee$7,567

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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Administrative cost history3
2024$53,184 · 0.22%
2023$57,899 · 0.26%
2022$56,542 · 0.24%
Same employer
Similar plansProfessional & Technical Services · California
Reputation.com, Inc CA$24.3M · 0.01%
Michelman & Robinson, LLP CA$24.3M · 0.02%
Forsta Worldwide, Inc. CA$24.2M · 0.48%
Freshworks Inc. CA$24.2M · 0.22%
New Directions Technologies CA$24.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943050358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.